The Nifty has rallied 10% in the past month from the 2022 lows, while the bond yield has declined 23 basis points from 7.37% to 7.16% during this period. Estimated earnings yield to bond yield is trading below its 15-year average of 0.76%.
Higher capital gains tax: Who benefits the most?
Excluding tax havens such as Hong Kong, Singapore and the UAE, India’s capital gains tax remains one of the lowest globally, especially as the amount